Ex-Birmingham City director part of Hong Kong group 'eyeing £40m takeover' of Sunderland AFC - reports
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Yu, who was the Blues’ vice chairman while the club were owned by Carson Yeung, is keen to enter the world of football club ownership.
He tried to purchase Birmingham in his own right in 2013, before seeing attempts to purchase the Blues and Championship rivals Sheffield Wednesday fall flat.
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Hide AdBut the Sunday People claim that the investor is part of a group eyeing a takeover of Sunderland, with the Hong Kong-based group renewing their interest in the club having seen a first bid rejected.
The Black Cats are publicly up for sale after Stewart Donald announced his intention to step aside in December, with a £40million asking price reportedly placed on the club.
As of yet, no preferred bidder has been identified with a deal hoped to be completed by the summer.